Prices turned higher as the median sales price was up 9.6 percent to $142,500. Days on market decreased 2.9 percent to 132 days. Months supply of inventory was down 21.4 percent to 8.1 months, indicating that demand increased relative to supply.

Meanwhile, third quarter GDP was upwardly revised to 3.1 percent and several prominent housing indices continue to showcase market turnaround.

GCAR President Mark Blazek said, “Momentum is on our side. Remember, it won't necessarily be fast, consistent nor universal, but recovery appears to be here to stay. After five or six challenging years, it's a welcomed change of pace.”

Kermit Baker will speak to the Home Builders Association of Greater Chattanooga Remodelers Council on Tuesday, April 7. Mr. Baker is a senior research fellow at the Joint Center and the project director of the Remodeling Futures Program. "This research effort, which began in 1995, is the first comprehensive analysis of U.S. remodeling activity ever undertaken by the Joint ... (click for more)

The City of Chattanooga is recognizing Fair Housing Month through a number of activities that promote equal housing for everyone . The Office of Multi-Cultural Affairs and the Office of Economic and Community Development are collaborating with the Greater Chattanooga Association of Realtors, Legal Aid of East Tennessee and Chattanooga Neighborhood Enterprises to encourage ... (click for more)

Tennessee Governor Bill Haslam on Tuesday unveiled additions to the FY 2015-2016 budget that will be considered by the General Assembly in the coming weeks, including added funding for K-12. The governor last week met with school superintendents from the largest systems in the state over the issue of state funding for K-12. The next day, the Hamilton County Schools joined ... (click for more)

A city detective who was arrested twice in four months has been fired by Police Chief Fred Fletcher. David Catchings had been charged with DUI last September and then with domestic assault at the end of the year. Police said, "After a complete review of both investigations – which included recommendations from Internal Affairs, the Administrative Review Committee and Officer ... (click for more)

March 30 has been set aside as National Doctors’ Day since 1933 as a time to recognize the contributions made by our physicians. While the recognition is appreciated, our greatest satisfaction comes from caring for our patients. For 132 years, the Chattanooga-Hamilton County Medical Society has been the physicians’ voice as we worked together to improve health of our community. ... (click for more)

About 51 years ago, right after Jim Creel had graduated from the University of Texas and was in Guadalajara for medical school, he was surprised to find a complete stranger sitting on his battered and dusty Volkswagen. “He had seen my Longhorns sticker and was thrilled to find somebody else in Mexico who loved the University of Texas. “That’s when our friendship started and it ... (click for more)